Exports of clothing and textiles from Greece amounted to 1.4 billion euros in the first nine months of this year, compared to 1.1 billion euros in the corresponding period last year (+ 23.7%), as the Association of Knit and Ready Made Garments of Greece (SEPEE) stated in today’s announcement.
Specifically, garment exports “ran” in the aforementioned period at a positive rate of 19.2% and amounted to 700 million euros, from 582 million euros in the first 9 months of 2020, while in the textile industry they showed a percentage increase of 12.8% and stood at 330 million euros. Exports of the primary sector, cotton, increased by 47% during the same period and amounted to 360 million euros.
After the opening of commercial stores inside and outside Greece, which were closed until the first quarter of this year due to the measures imposed to prevent the transmission of the coronavirus, “the clothing and textile sector is on an upward trajectory, with all economic indicators showing a double-digit recovery rate,” SEPEE underlines in its announcement. Specifically, the industrial production index in the first 9 months of this year and compared to the corresponding period last year, recorded an increase in clothing by 15.2% and in the textile industry by 10.8%.
Imports showed an increase, but with a single digit percentage of 9.7%, in the first nine months of this year and compared to the corresponding period last year, with those of textiles at + 18.8% and clothes at +6 , 6%.
Retail sales in our country also showed a positive sign of 23.7% in the period January-September 2021. Specifically, those of clothes showed an increase of + 24.7% and amounted to 1.8 billion euros.
As SEPEE clarified, “retail sales in the domestic market for the months when the market was fully operational, show an increase of 9% compared to 2019 before covid-19”.
Latest News
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted
Yannis Vardinoyannis Assumes Post of Motor Oil Board President
He succeeds his father, Vardis, who passed away last week at the age of 91
PM Mitsotakis to Bloomberg: Our Majority Is Stable, Elections To Be Held in 2027
"The government has a solid 2.5-year mandate from the people to implement its policies," Mitsotakis stated